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What does it take to build a company that lasts generations — not just quarters? In this episode, Endress+Hauser’s Supervisory Board President Matthias Altendorf discusses with IMD professor Goutam Challagala how to integrate sustainability into strategy, innovation, and board governance of a global market leader. Altendorf challenges common thinking: “If you start to separate one from the other, you will never get the synergies.” He embraces disciplined vigilance: “Only the paranoid survives.” And he reframes diversity as protection: “The more diverse your DNA is, the better you can deal with the future.” A conversation for everyone interested in building organizations that can navigate uncertainty without losing their identity. 00:12 – Introduction & family ownership context 02:17 – Sustainability as value creation 04:45 – 10% more cost, 30-year horizon 06:39 – Why sustainability and ROI cannot be separated 08:26 – Crisis foresight & biotech strategy 11:07 – Longevity, product cycles & “Only the paranoid survives” 13:43 – The board’s role in sustainability 15:35 – Global differences in implementation 17:24 – Diversity as future-proofing Resources to dig deeper: Andy Grove, Only the Paranoid Survive: https://www.penguinrandomhouse.com/bo... IMD Sustainability Research: https://www.imd.org/research-knowledg... OECD Corporate Governance Principles: https://www.oecd.org/corporate/princi... 🔔 Subscribe to I by IMD for access to Inside the Transition and more fresh insights on management and business: Apple | Spotify | YouTube Connect with IMD: Follow IMD on Instagram: @imdbusinessschool Follow IMD on LinkedIn: @imd-business-school Follow IMD on BlueSky: @imdbusinessschool.bsky.social Follow IMD on Facebook: @imdbschool Follow IMD on Substack: https://substack.com/@ibyimd #EndressHauser #FamilyBusiness #SustainabilityLeadership #CorporateGovernance #LongTermThinking #BoardLeadership #InnovationStrategy #IbyIMD #IMD #IMDImpact